Cheap London firms in crosshairs of trigger-happy activist investors in 2024 January 10, 2024 Activist investors are circling the London Stock Exchange this year in a bid to capitalise on the “significant valuation gap” facing UK firms, a new report has claimed.
Disney gets backing from investors amid boardroom clash with Peltz January 4, 2024 Disney has secured support from activist hedge funds in its battle against billionaire investor Nelson Peltz's attempts at a board coup.
Hipgnosis Songs Fund reports revenue and asset value decline amid uncertainty over its future December 21, 2023 Hipgnosis Songs Fund, the investment company that owns a portfolio of music and song royalty rights, has today published its delayed interim results for the six months to 30 September.
Hipgnosis Songs Fund delays results as value of company’s assets thrown into question December 19, 2023 Hipgnosis Songs Fund, the embattled investment trust, has today delayed the publication of its financial results.
What’s going on at Disney as the board battle with activist investor Peltz reignites? December 1, 2023 Activist investor Nelson Peltz has reignited the boardroom battle at Disney in a fresh clash between his investment firm and Disney.
Activist Nelson Peltz lifts stake in Disney as shares near decade low October 9, 2023 Activist investor Nelson Peltz has reportedly raised his fund’s stake in Disney and is eyeing multiple seats on the board for himself and his underlings. Trian Fund Managament, founded by billionaire Peltz in 2005, has increased its stake in the Mickey Mouse creator to more than $2.5bn (£2bn), according to a Wall Street Journal report [...]
TP Icap share price surges after announcing £30m share buyback August 9, 2023 FTSE 250 finance firm TP Icap’s share price surged after it announced a share buyback programme and upped its dividend. The interdealer broker announced a £30m share buyback programme and increased its dividend by seven per cent to 4.8p. The payouts came as pretax profit climbed to £91m from £72m last year thanks to a [...]
Activist shareholder Caius Capital takes five per cent stake in embattled Metro Bank January 22, 2023 London-based activist shareholder Caius Capital has taken an £11m stake in embattled challenger bank Metro Bank. The investment brings Caius Capital’s stake to five per cent, making it one of Metro Bank’s ten largest investors. The stake from Caius Capital, an alternative investment manager focused on “distressed and special situations”, comes a month after Metro [...]
Shareholders launch campaign to tie Elon Musk’s salary to Tesla’s ESG October 20, 2022 Shareholders, spearheaded by activist investor Tulipshare, have launched a campaign to tie Elon Musk’s salary to Tesla’s environmental, social and governance (ESG) performance. The announcement comes months after the electric vehicle (EV) powerhouse was booted from S&P’s ESG index. According to Tulipshare, tying the chief executive’s salary to ESG would ensure the company improves its [...]
TP Icap under pressure to sell off high-margin Parameta data division September 27, 2022 FTSE 250 finance firm TP Icap is facing pressure from some of its biggest shareholders to break itself up by selling off its high margin data division. Several of the firm’s most important institutional investors have begun talks about pressing TP Icap into exploring a formal sale of its Parameta analytics business, Sky News reported. [...]